This is not only excellent, but it is also an eye-opener.
IMF is warning that “global economies” will contract by $455 billion
next year due to the ongoing trade conflict between the U.S., China, the
EU and to a lesser extent, Japan.
President Trump will cost the
“Global Economy” $455 billion…. because that money will be transferring
back to the America First economy. That’s what happens as MAGAnomics
reverses the IMF trade (wealth distribution) model.
China and the
EU have devalued their currency in an effort to block the impacts of
President Trump and the ‘America First’ trade policy. Because those
currencies are pegged against the dollar, the resulting effect is a
rising dollar value. In essence, the globalist IMF is now blaming
President Trump for having a strong economy that forces the
international competition to devalue their currency.
bigger picture is why President Trump is the most transformative
economic President in the last 75 years. The post-WWII Marshall Plan was
set up to allow Europe and Asia to place tariffs on exported American
industrial products. Those tariffs were used by the EU and Japan to
rebuild their infrastructure after a devastating war. However, there was
never a built-in mechanism to end the tariffs…. until President Trump
came along and said: “it’s over”!
After about 20 years (+/-), say
1970 to be fair, the EU and Japan received enough money to rebuild. But
instead of ending the one-way payment system, Asia and the EU sought to
keep going and build their economies larger than the U.S. Additionally,
the U.S. was carrying the cost of protecting the EU (via NATO) and
Japan with our military. The EU and Japan didn’t need to spend a dime on
defense because the U.S. essentially took over that role. But that
military role, just like the tariffs, never ended. Again, until Trump.
The U.S. economy was the host for around 50 years of parasitic wealth
ex-filtration, or as most would say “distribution”. The term
*ex-filtration* better highlights that American citizens paid higher
prices for stuff, and paid higher taxes within the overall economic
scheme than was needed. President Trump is the first and only president
who said: “enough”, and prior politicians who didn’t stop the process
were “stupid” etc. etc. Obviously, he is 100% correct.
past 30 years, the U.S. was a sucker to keep letting the process remain
in place while we lost our manufacturing base to overseas incentives.
The investment process from Wall Street (removal of Glass-Stegal) only
made the process much more severe and faster. Wall Street was now
investing in companies whose best bet (higher profit return) was to pour
money overseas. This process created the “Rust Belt”, and damn near
destroyed the aggregate manufacturing industry.
putting ‘America First’ is now also against the interests of the
multinationals on Wall Street; so President Trump has to fight adverse
economic opponents on multiple fronts…. and their purchased mercenary
army we know as DC politicians.
No-one, ever, could take on all
these interests. Think about it… The EU, Asia, World Bank, International
Monetary Fund, China, Russia, U.S. Chamber of Commerce, Iran, U.S.
Congress, Democrats, U.S. Senate, Wall Street, the Big Club, Lobbyists,
Hollywood, Corporate Media (foreign and domestic), and the ankle-biters
in Never Trump…. All of these financial interests are aligned against
Main Street USA and against President Trump.
Name one individual
who could take them on simultaneously and still be winning, big Ely.
They say he’s one man. They say they have him outnumbered. Yet somehow,
as unreal as it seems, he’s the one who appears to have them surrounded.